Ringkjøbing Landbobank A/S (RILBA.CO) Wednesday reported profit before tax of DKK 1.566 billion for the first half, relatively flat with DKK 1.564 billion recorded a year ago.
Net profit increased to DKK 1.191 billion or DKK 47.9 per share from DKK 1.181 billion or DKK 45.3 per share last year.
Core earnings were DKK 1.58 billion or DKK 63.5 per share, higher than DKK 1.544 billion or DKK 59.2 per share a year ago.
Net interest income decreased to DKK 1.274 billion from DKK 1.363 billion in the previous year.
Net interest and fee income was DKK 1.976 billion, down from DKK 1.989 billion last year.
For the full year, the company now expects net profit in a range of DKK 2 billion - DKK 2.35 billion, up from the previous outlook of DKK 1.8 billion - DKK 2.2 billion.
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